Central banks manipulate gold interest rates too, Turk tells KWN

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Published : December 10th, 2014
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GoldMoney founder and GATA consultant James Turk tells King World News today that while gold interest rates are an indicator of conditions in the gold market, they too, like the gold price itself, are easily manipulated by central banks and that the zero-interest-rate policy of central banks has created abnormal conditions in all markets. An excerpt from the interview is posted at the KWN blog here:

http://kingworldnews.com/kingworldnews/KWN_Da...2014/12/8_He...

 

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Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.
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